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Technology Stocks : Avid Technology -- Ignore unavailable to you. Want to Upgrade?

To: BMcV who wrote (576)	10/21/1998 6:29:00 PM
From: sandbag	Read Replies (2) \| Respond to of 777

Sorry to butt in. I just don't see how everyone is reading this as a good release. Zacks estimates were for +.33 w/out charges. They did +.30 First Call estimates were for +.04 with charges. They did -5.97 Either way they missed estimates and plan on lower earnings next quarter, per there previous press release. If you want to buy in at these low prices, I don't think you will have any problems tomorrow. JMHO Sandbag

To: BMcV who wrote (576)	10/21/1998 8:44:00 PM
From: A. Fineigler	Respond to of 777

Interesting that gross margins were up, Bruce. That's good news. Given the pending product migration, the results were pretty good. Re the stock tomorrow - who knows. Like you, I'd guess strongly up. But Avid stock is enigmatic. Re EMC - they have a more sustainable long-term growth situation. They are riding an explosive industry trend. Avid is more of a trading stock, IMHO. I'm too busy at present to play around trading stocks, which is a shame because I think short-term traders could make a lot of money with Avid, up and down, in the near term. It will be very volatile intraday the next few days, at a guess. Good luck. AF